Asian Markets Ride Tide of Strong U.S. Growth

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

Asian markets rose Friday as renewed optimism about the U.S. economy and China's recent stock gains offset worries about global growth. The Shanghai Composite Index opened up 1.4%, adding to its 5.3% jump Thursday, its biggest percentage gain in more ...

Google Rebuffs European Union on Antitrust Charges --2nd Update

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

By Sam Schechner and Natalia Drozdiak in Brussels and Alistair Barr in San Francisco Google Inc. on Thursday rebuffed a European Union demand that it change how its search engine functions, signaling a drawn-out legal battle in the continent's most ...

Bankers, Officials Urge Fed Not to Waver on Interest-Rate Rise

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

By Jon Hilsenrath JACKSON HOLE, Wyo.--After months of forewarning by Federal Reserve officials that they are preparing to raise short-term interest rates, some international officials attending the Fed's annual retreat here this week have a message: Get on with it ...

United Continental, Activision to Join S&P 500

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

United Continental Holdings Inc. will join the S&P; 500 index, becoming the fourth airline in the benchmark index. Inclusion in the S&P; 500 is typically a boon for a stock as index-tracking funds buy shares. In after-hours trading, United was ...

Japan Inflation Flat in July

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

TOKYO?Japan's primary inflation gauge was flat in July, beating expectations for a drop below zero, in slightly encouraging news for the Bank of Japan as it struggles to beat deflation and bring about steady price growth. The core consumer-price index ...

Mitsubishi Corp. to Take Strategic Stake in Olam International

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

SINGAPORE?Japanese conglomerate Mitsubishi Corp. will take a strategic stake in Singapore-listed commodities trader Olam International Ltd. for 1.53 billion Singapore dollars (US$1.1 billion), the latest move by growth-hungry Japanese firms looking for opportunities beyond their home market. Olam and Mitsubishi ...

Canadian Banks Beat Profit Forecasts

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

Canada's biggest banks posted higher profits in the fiscal third quarter, surpassing expectations and sidestepping the effects of a stumbling Canadian economy. Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, Royal Bank of Canada, National Bank of Canada and Bank of ...

How Do You Short China?

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

By Christopher Whittall in London, Carolyn Cui in New York and Anjani Trivedi in Hong Kong Suddenly everyone wants to bet against China. But with limited access to the country's hard-hit stock markets and thin trading in overseas markets for ...

Icahn Takes a Stake in Copper Giant Freeport-McMoRan

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

By John W. Miller and David Benoit Activist investor Carl Icahn bought a big stake in Freeport-McMoRan Inc., adding pressure to the beleaguered miner hours after it disclosed a major retrenchment in response to the global commodity rout and an ...

Asian Markets Ride Tide of Strong U.S. Growth

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

By Chao Deng Asian markets rose Friday as renewed optimism about the U.S. economy and China's recent stock gains offset worries about global growth. The Shanghai Composite Index opened up 1.4%, adding to its 5.3% jump Thursday, its biggest percentage ...

United Continental, Activision to Join S&P 500

TODAY: Aug. 28, 2015 PUB DATE: Aug. 28, 2015

By Josh Beckerman United Continental Holdings Inc. will join the S&P; 500 index, becoming the fourth airline in the benchmark index. Inclusion in the S&P; 500 is typically a boon for a stock as index-tracking funds buy shares. In after-hours ...

Asian Markets Look Set to Fare Better as Bulls Wrestle Back Control

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By Rebecca Howard WELLINGTON, New Zealand--Asian stocks look set to fare better Thursday after global markets showed signs of regaining their footing after an extended rout fueled by growth concerns. Gains on Wall Street broke a six-session losing streak fueled ...

Sanctions Bite Massive Gas Project in Russian Arctic

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By James Marson And Selina Williams SABETTA, Russia--A $27 billion energy project is rising rapidly on this icy peninsula jutting above the Arctic Circle, but the race to shore up its finances has emerged as a test of Moscow's ability ...

ASIA MARKETS: China Leads Asian Markets Higher With Late Rally

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

By Rebecca Howard and Chao Deng Asian markets rebounded Thursday with the help of central bankers around the globe and encouraging signs from China, where volatility in stocks dropped off significantly from previous sessions. The Shanghai Composite Index ended up ...

New Zealand Changes Rate Decision Schedule

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

Wellington, New Zealand?New Zealand's central bank late Wednesday rejigged its schedule for rate decisions, stripping out one monetary policy decision a year as of mid-2016. The new schedule, which runs through to November 2017, means there will be seven rate ...

Subscribers: Correction to Emerging-Market Story Published in Error

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

Please disregard the item "Correction to Foreign Investors Flee Emerging-Market Bonds, Driving Up Borrowing Costs on Wednesday" published at 0312 GMT. That version of the article didn't contain the error. The latest version of the article with the correct information ...

Correction to Dollar Steady Against Yen Article

TODAY: Aug. 28, 2015 PUB DATE: Aug. 27, 2015

The euro was changing hands at Y135.69 late Wednesday. "Dollar Steady Against Yen as Risk Sentiment Improves," at 0518 GMT, incorrectly stated that the euro changed hands at Y135.69 late Tuesday, rather than late Wednesday, in the 12th paragraph. (END) ...